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57 E Garrison Street

Bethlehem City, PA 18018
  • $1,499,000
  • STATUS: Available
  • ON SITE: 39 Days
  • MLS #: 698550
UPDATED: 73 min ago
$1,499,000
  • 12
    BEDS
  • 0.05
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,089
    SQFT
  • $367
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

COMPLETELY RENOVATED 6-UNIT in highly DESIRABLE NORTH BETHLEHEM. This property is located within walking distance of Bethlehem's famous historic district and downtown shops, restaurants and night life. There are four addresses on one deed which provides additional privacy and less of an apartment feel for the tenants. The building provides opportunities for two great decks with views of the city lights and creates additional living space for the tenants. This TURN-KEY property has everything an Owner needs for immediate cashflow, 18 month leases with top market rent and highly qualified tenants looking for NYC-style living. Owner gets low CAP-EX with high efficiency electric heaters (tenants love low electric bills & Owner has NO HVAC maint.) And low taxes! You get it all with this building - location, long term leases with qualified tenants, a newly installed laundry room -add coin-op machines and add revenue. PROPERTY COMES WITH A CLEAR CERTIFICATE OF OCCUPANCY.

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© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-09-25T19:12:57.567.
www.smartwayamerica.com/homes/132182794
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57 E Garrison Street Bethlehem City, PA 18018

  • Price: $1,499,000
  • Status: Available
  • On Site: 39 Days
  • Updated: 73 min ago
  • MLS #: 698550
12
Beds
6
Baths
0
½ Baths
0.05
Acres
4,089
SQFT
$367
$/SQFT
1900
Built
Neighborhood:
Not In Development
County:
Northampton
Area:
Bethlehem-North
School District:
Bethlehem
Property Description
COMPLETELY RENOVATED 6-UNIT in highly DESIRABLE NORTH BETHLEHEM. This property is located within walking distance of Bethlehem's famous historic district and downtown shops, restaurants and night life. There are four addresses on one deed which provides additional privacy and less of an apartment feel for the tenants. The building provides opportunities for two great decks with views of the city lights and creates additional living space for the tenants. This TURN-KEY property has everything an Owner needs for immediate cashflow, 18 month leases with top market rent and highly qualified tenants looking for NYC-style living. Owner gets low CAP-EX with high efficiency electric heaters (tenants love low electric bills & Owner has NO HVAC maint.) And low taxes! You get it all with this building - location, long term leases with qualified tenants, a newly installed laundry room -add coin-op machines and add revenue. PROPERTY COMES WITH A CLEAR CERTIFICATE OF OCCUPANCY.
Exterior Features

Construction Vinyl Parking None Parking Spaces 0

Interior Features

Baths Modern Cooling No Air Features Central Laundry Heat Type ElectricGas

Property Features

Electric 600 Gas 400 Gross Income 114096 Heat 0 Net Income 99286 Operating Expense 14810 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Apartment StyleCommercial Sewer Public Special Conditions Not Applicable Total Taxes 4849.81 Water Public Water Sewer 3000 Zoning Code Cb-Commercial Business

Listing provided courtesy of Keller Williams Real Estate: .


© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-09-25T19:12:57.567.
 
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